Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-11-26-Speech-4-025"
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"en.20091126.3.4-025"2
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"The latest Annual Report of the European Court of Auditors again gives perplexing insights into the way the European Union handles European taxpayers’ money. The Court of Auditors has ascertained on the basis of realistic samples that, in the 2000-2006 period, an estimated 11% of the total amount of EUR 36.6 billion under the Cohesion Fund should not have been disbursed. This means that more than EUR 4 billion in grants has been handed out erroneously.
Looking at the situation in Belgium, the Court of Auditors, too, says that a large proportion of the funds spent in Wallonia – Hainaut, in particular – was misspent. This actually confirms what one of our fellow Members said in this House a few months before the latest European Parliament elections, which was that the European grants had not produced the desired results in Wallonia, particularly in comparison with other European regions, and that it was not only Wallonia itself but also the European Union that was responsible for ultimately approving these projects.
At present, most financial transfers are very indirect, passing through many intermediate stations. Tackling this must be a priority and, at the same time, of course, the existing control mechanisms need to be improved."@en1
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